What is development economics? The answer will undoubtedly vary widely depending on whom you ask. I鈥檝e said that this blog aims to take a critical approach to development economics, but what does that mean?
Category: Critique of Mainstream Economics
Is Development Possible In Capitalism?
By Douglas McDonald [re-blog from ]
Last Friday was the Debating Development conference, organized by the titular scholars of , a group coordinated by NSSR鈥檚 own Ingrid Kvangraven. The conference put many scholars of different regions and different theoretical perspectives in conversation. Although it was titled 鈥渄ebating development,鈥� as NSSR economics professor Sanjay Reddy noted in his opening remarks, most of the perspectives presented were more intersecting than mutually exclusive, so the conference could also be understood as a means to compound or complexify perspectives, rather than adopt or discard them.
How to Justify Teaching the Worst of Economics to Non-Economists
By Ingrid Harvold Kvangraven
Being an Economics PhD student in a gives me the privilege of taking courses in a range of different schools of thought within the discipline. In the Economics department, most of us take the stance that it is imperative to understand the mainstream in order to criticize them effectively. We go to great lengths to learn about the nuances of Neo-classical Economics, general equilibrium theory, and New-Keynesian Economics. Meanwhile, we also have full courses devoted to non-mainstream approaches, such as Post-Keynesian and Marxian Economics. We are aware of the ideological underpinnings of a lot of mainstream theory, and many of us see this as a motivation to challenge the discipline.
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